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Good morning, and thank you for standing by. [Operator Instructions] Today's conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the call over to your host, Ahmed Pasha, Head of Investor Relations.

Ahmed Pasha

Thank you, Effie. Good morning, and welcome to the first quarter 2012 earnings call of The AES Corporation. Our earnings release presentation and related financial information are available on our website at aes.com.

Today, we will be making forward-looking statements during the call. They are many factors that may cause future results to differ materially from these statements. Please refer to our SEC filings for a discussion of these factors.

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